- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedMay 14th, 2009
- senate Committees
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POWER Act of 2009
A bill to amend the Internal Revenue Code of 1986 to allow employers a credit against income tax for the costs of providing technical training for employees.
Providing Our Workforce with Education and Re-training Act of 2009 or POWER Act of 2009 - Amends the Internal Revenue Code to allow a general business tax credit for up to 25% of the cost of technical training for employees performing services in a trade or business of the taxpayer. Limits the amount of the credit to $1,000 for each employee, reduced by credit amounts for all prior taxable years.